As a major foreign shipping line announced imposing additional surcharges to offset the rise in operational costs at Chattogram Port, importers and exporters in Bangladesh will be hit by a hike in service charges there.

A September 14 gazette notification announced a 41-per cent average increase in service charges at the port.

France-based container shipping company CMA CGM recently announced an ’emergency cost recovery surcharge’ between $45 and $350 per container to be implemented from October 26, saying it was aimed at mitigating the impact of increased operational charges at Bangladesh’s Chattogram Port.
The Bangladesh Shipping Agents Association recently wrote to authorities urging them to reconsider the decision.

France-based container shipping company CMA CGM recently announced an ‘emergency cost recovery surcharge’ between $45 and $350 per container to be implemented from October 26, saying it was aimed at mitigating the impact of increased operational charges.

The CMA CGM surcharge will be $40 for a 20-foot dry container, $70 for a 40-foot dry container, $105 for a 40-foot high-cube dry container and $145 for a 45-foot high-cube dry container.

For refrigerated containers, the surcharges will be $40 for a 20-foot container, $60 for a 40-foot container, and $90 for a 40-foot high-cube container.

For hazardous goods, the surcharges will be $140 for a 20-foot container, $215 for a 40-foot container, and $305 for a 40-foot high-cube container, domestic media outlets reported.

The Bangladesh Shipping Agents Association (BSAA) recently wrote to the Ministry of Shipping and the Chittagong Port Authority (CPA), urging both to reconsider the newly imposed port tariff and its implementation timeline.

Exporters may not be directly affected by this additional surcharge as foreign buyers usually bear the transportation costs, but importers would be affected directly.

Fibre2Fashion News Desk (DS)

Ahead of the release of her new Netflix show this week, Victoria Beckham has opened a pop-up at Selfridges’ Corner Shop, as well as launching an exclusive selection on Net-A-Porter.

The House of VB Selfridges residency runs until November 1 and includes both fashion and beauty.

As is always the case for brands opening pop-ups in this particular piece of prime London real estate, the label has pulled out all the stops with major attention to detail including finishing touches such as the doorbell that plays a message from Beckham, or the specially-installed staircase. 

As for the fashion on offer, it’s an exclusive capsule collection dubbed The Dressing Room and featuring pieces the pop star-turned-entrepreneur wears in the Netflix documentary along with other AW25 items. The selection takes in daywear to full-on evening looks as well as footwear and accessories in exclusive-to-Selfridges colourways.

Meanwhile, the pop-up’s beauty offer can be seen in The Powder Room, also with exclusives and experiential features.

Looking at the Net-A-Porter offer, which launches Thursday, the exclusive capsule collection is “a refined edit that embodies the designer’s modern vision of femininity and effortless day-to- night dressing,” we’re told.

Coming on the same day as the documentary launches and just after the Selfridges opening, it’s bound to attract a lot of attention.

The offer comes in a rich palette of earthy browns, lifted with subtle pastel accents, and spans signature silk slips, lace maxis, suede separates and accessories.